Summary - Flat 3, Knowles Court, Manor Park Avenue PO3 5FG
1 bed 1 bath Apartment
Ground-floor one-bedroom apartment, approx. 431 sq ft
A compact, ground-floor one-bedroom apartment in a modern purpose-built block, offered with an existing tenant and immediate rental income. The open-plan living area and modern fittings make it straightforward to manage for a hands-off landlord or buy-to-let investor. Communal rear garden and off-street resident parking add practical appeal in a popular Portsmouth district.
Important practical details are clear: the flat is leasehold, sits on approximately 431 sq ft, has electric heating and double glazing, and is offered as a landlord-to-landlord sale with the current rent at £725 pcm. Ground rent is £200 per year and council tax is very low. Broadband speeds are fast and mobile signal is excellent, supporting easy lettings.
Buyers should note material drawbacks: the apartment is small, parking is on a first-come, first-served basis rather than an allocated space, and heating is electric which can mean higher running costs. The property is sold at auction under online bidding with a 5% exchange deposit plus a non-refundable reservation fee (up to 6% inc VAT, minimum £6,000), so buyers must allow for additional up-front costs and complete necessary legal checks beforehand.
This lot will suit investors seeking a low-entry buy-to-let with immediate rental income and minimal refurbishment, or buyers prepared to review tenancy terms post-purchase. The transparent auction process can provide speed and certainty for a settled investor who has reviewed the legal pack and budgeted for associated auction fees.
1 bedroom apartment for sale in Manor Park Avenue, Portsmouth, Hampshire, PO3 5FG, PO3 — £105,000 • 1 bed • 1 bath • 431 ft²
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2 bedroom apartment for sale in Manor Park Avenue, Portsmouth, Hampshire, PO3 5FG, PO3 — £120,000 • 2 bed • 1 bath • 431 ft²
2 bedroom apartment for sale in Twyford Avenue, Portsmouth, PO2 — £115,000 • 2 bed • 1 bath • 936 ft²
1 bedroom apartment for sale in 120 London Road, Portsmouth, Hampshire, PO2 0NB, PO2 — £110,000 • 1 bed • 1 bath • 433 ft²
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